Retail news Round Up_March 21,2016

Retail News :

  • Paytm plans to spin off its marketplace to allow Alibaba Group establish a direct presence in India
  • Alibaba may tieup with Tatas to venture into online retail market in India
  • iPhone maker plans fifth avenue-like store, to set up smaller outlets in the country
  • Noida jewellers sell vegetables in protest against excise duty
  • Patanjali has plans to open food parks in 4 or 5 locations
  • Infibeam’s Rs 450 crore IPO to hit markets today
  • Alibaba may set up a technology development centre in India
  • Jewellers call off 18-day strike after assurance from government; gold imports to rise
  • Paytm-backed LogiNext targets treble sales to $3mn in FY’17
  • Craftsvilla expands services to Middle East, New Zealand and Australia
  • Jewellery industry incurs Rs 60K-70K crore loss in 18-day long strike
  • WB govt offers land for footwear park in the state
  • Jewellers back in business after strike, task force to decide on gold cess
  • India soon to be among RB’s top three markets
  • Acquiring HUL’s rice business will firm position in mid-east
  • Parliamentary panel favours bringing tobacco production under regulatory regime
  • Micromax founders eye 40% revenue growth in FY17
  • Anil Agarwal’s $10 billion LCD plant to start production in 2018
  • AC sale set to pick up with onset of summer
  • Bang & Olufsen enters into a partnership with LG
  • Firstcry to use analytics to boost offline sales
  • WhatsApp Update Brings Rich Text Chats, Google Drive & OneDrive File Sharing & More
  • Indian Startup CREO Debuts Unique Mark 1 Smartphone With Monthly OS Updates

 

 

“Never give up, for that is just the place and time that the tide will turn.”

-Harriet Beecher Stowe

 

 

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Retail News Round Up_ Jan 27,2016

Retail news :

  • German investor Rocket Internet may close down FabFurnish, Printvenue; looks for Indian partner
  • Snapdeal plans to lend Rs 1k crore in six months to attract sellers
  • Chinese investors bet big on India, internet giants pour funds into digital startups
  • Apple reshuffles India business, changes roles of senior executives
  • Top smartphone players like Samsung, Micromax becoming poaching grounds for Chinese entrants
  • Anchor Electricals aims to be export hub for Panasonic
  • Roca, maker of Parryware products, to focus more on digital marketing
  • Ronnie Screwvalas UpGrad in advanced talks to acquire three companies
  • Nutraceuticals, food supplements no longer to be considered proprietary foods by FSSAI

 

“I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”

-Warren Buffett

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Retail News Round Up_Dec 24,2015

Retail News :

  • RBI allows foreign investors to buy upto 49 per cent in V-Mart Retail
  • Flipkart ropes in designers like Pitti Imagine and Timzy Batra to help sellers create world-class products
  • Amazon India unit signs MoU with NIESBUD to encourage online growth of small businesses
  • Snapdeals FreeCharge unit keen on running RBIs bill payment system
  • ShopClues announces the launch of exclusive Star Wars merchandise
  • Delhis favourite leather product maker Nappa Dori scouts for space in Mumbai
  • Kwality looks to scoop up midsized dairy companies
  • McVities maker United Biscuits moves to Marie biscuits and cookies
  • Idea launches 4G services starting with 75 towns in South India
  • Swarajya magazine gets Quintype’s CMS in a partnership
  • Mahindra Group Launches MoboMoney, a NFC Based Digital Wallet!
  • MakeInIndia Vivo Opens its First Manufacturing Plant in India; Invests Rs 125 Crores
  • Micromax Smartphones Will Come Pre-loaded with an E-wallet; Partners with TranServ

Today’s Wealth Mantra !

“With the possible exception of things like box scores, race results, and stock market tabulations, there is no such thing as Objective Journalism. The phrase itself is a pompous contradiction in terms.”

-Hunter S. Thompson

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Morning Business News Round up_December 07, 2015

Morning Business News :

  • Iran To Sign $3 Bn Gas Contract With Consortium Of Indian Cos
  • Micromax Annual Revenues Cross Rs 10,000 Crore In 7 Years

  • Rajya Sabha Numbers Make GST Bill Talks Binding On NDA Government
  • Fairfax Holdings, Changi In Talks With GMR To Invest Rs 3,200 Crore For 30% Stake In Airport Biz
  • Bus Aggregation Startups Like Shuttl, Zipgo To Benefit From Arvind Kejriwal’s Odd-Even Rule For Private Vehicles
  • Sebi Show-Cause Notice May Hinder RBL Bank’s Rs 1,450 Crore IPO Plan
  • Cipla Reshuffles Its Senior Management Team Again
  • Delhi & Tokyo May Ink Pact For India’s First Bullet Train During Japanese PM Shinzo Abe’s Visit
  • Adani Ports Keen To Enter Maharashtra, Andhra Pradesh, Karnataka And Foreign Nations
  • Shemaroo Partners With DTH Players To Launch ‘Miniplex’
  • Tata Steel May Be Nearing A Deal On UK Plant
  • Railways Has Undertaken PPP Projects Worth Rs 14,000 Crore
  • Irdai To Launch Portal For Health Insurance Plans Information
  • Baidyanath To Make FMCG Foray With Cosmetics, Wellness Products
  • Telecom Companies Suffers Rs 300 Crore Loss Due To Chennai Floods
  • Sebi Likely To Set Strict Norms For Stock Exchange Shareholders

  • Chennai Banks To Remain Open On Sunday To Get Cash Flowing
  • Hindalco Looks To Exit Copper Mining And Focus On Smelting
  • Essar Oil To Delist At Floor Price Of Rs146.05 A Share
  • Leverage Ratio For Banks Can Rise As High As 5%
  • GMR Infra Inks $300-M Bond Deal With Kuwait Investment Body
  • Sona Koyo To Launch Power Steering For Small Tractors
  • Apollo Tyres Resumes Operations At Oragadam Plant
  • Tata Sons To Acquire Additional 0.22% Stake In Titan
  • Sanofi Arm Launches Polio Vaccine In Domestic Market
  • Godrej Launches Cuisine Regale, A Lifestyle Modular Kitchen Gallery Brand
  • Birla Group To Expand Textile Value Chain
  • Progress On GST To Set The Trend For Equity Markets
  • Cera Plans Enhanced Presence In Central India
  • Tata Group Eyes $350 Billion Market Cap By 2025

Mondaymotivation Wealth Mantra !

“The investment in knowledge always pays the best interest”

-Benjamin Franklin

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Retail News Round Up_Aug 22,2015

Retail News :

 

  • Future Group firm sells 2.02% stake in Pantaloons
  • Philips appoints an Indian CFO for the first time
  • After SRSGrocery.com, SRS Group to open 3 more online portals
  • Connect India in talks with Flipkart, other e-commerce firms to enhance delivery and distribution
  • FirstCry spends around Rs 20 crore; hands out one million gift boxes to moms in hospitals
  • Prabhat Dairy’s Rs 300-cr IPO to hit capital markets on August 28
  • Starbucks is transforming coffee shops into bars
  • Like Xiaomi & Microsoft, Micromax plans to develop own OS across platforms
  • Government frames policy for e-marketing of handloom products
  • IntelligenceNODE raises $4M from NEA & Orios Venture Partners
  • Aditya Birla Group launches startup incubator Bizlabs

 

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